Weekly Jobless Claims The Lowest Since May 2007

When those suffering from Obama Derangement Syndrome tell you the economy is the worst it’s ever been, just hit them with numbers. Not that data would make a difference to those blinded by hatred. While not perfect, employment continues to improve, and more people are back on the market looking for work. And jobless claims are down.

Initial claims filed for unemployment insurance fell to 300,000 in the week ended April 5, the lowest level since May 2007. Economists expected claims to edge down to 320,000 from the previous week’s upwardly-revised 332,000 reading.

Continuing claims filed in the week ended March 29 fell to 2.776 million from an upwardly-revised 2.838 million in the previous week.

By: Alan

Alan Colmes is the publisher of Liberaland.